India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 118 India’s Top 500 Companies Over the Years - 1997 vs 2021 Over the past 21 editions, the India’s Top 500 Companies publication has evolved significantly. The first edition in 1997 included and ranked companies solely on the basis of their average market capitalisation. In subsequent editions, the methodology was revised to select and rank companies on the basis of total income, net profit and net worth. During the 7th and 8th editions, new features were added, including sectoral classification of companies and editorial sections covering overviews/insights and interviews. Over these 21 editions, the universe of Top 500 Companies has recorded multi-fold growth in total income, net profit and average market capitalisation at the aggregate level. While the Indian economy grew 14.6 times between 1996-97 and 2019-20, the aggregate values of total income, net profit and average market capitalization of the Top 500 Companies has grown faster over the same period. Comparative Snapshot: 1997 edition vs 2021 edition Total Income Total Income Net Profit Net Profit Market Cap 16x Growth 66,828 bn 4,076 bn 308 bn 4,584 bn 4,651 bn 134,026 bn 15x Growth 29x Growth Aggregate Avg Market Cap 1997 1997 1997 2021 2021 2021 Source: Dun & Bradstreet Research Snapshot of Aggregates of India’s Top 500 Companies (1997 edition vs 2021 edition) 1997 2021 Aggregate Total Income ( ` bn) 4,076 66,828 Aggregate Net Profit ( ` bn) 308 4,651 Aggregate Avg Market Cap ( ` bn) 4,584 134,026 Source: Dun & Bradstreet Research Dun & Bradstreet